Five Ways Invoice Financing Can Benefit Your Company
Sometimes your small or midsize B2B clients experience cash-flow delays. They’ve got money due in from their customers — with invoices to prove it — but their ability to do business with you is curtailed by timing issues: they simply don’t have the cash on hand to buy your products or services while meeting other […]
Equipment Suppliers Can Save Time and Win New Business with Digital Financing
For the businesses that buy, rent or lease capital-equipment from your company, a traditional approach to equipment financing isn’t always optimal — which means it’s not always in your best interests either. US companies finance nearly $1 trillion in equipment annually, according to the Equipment Leasing and Finance Association, making it a vital engine for economic growth. Traditionally, the financing […]
Whitepaper: How to Increase Sales with an AI-Based Digital Lending Platform for Equipment Financing
Businesses worldwide are looking for equipment providers who are able to offer affordable and easily accessible financing for their products. The provider able to meet this need of the customer will win market share, outperform their competition and have the benefits of getting the full payment over time as well as repeat future business. Currently, […]
Providing Optimal Equipment Financing To Construction Companies
There’s no shortage of financing options for construction-equipment suppliers. Given the overall size of the US market for capital equipment financing — now approaching $2 trillion a year by one estimate — it makes sense a host of banks and non-bank lenders would have crowded into the field, eager to help builders get their hands on the equipment they […]
Top 12 Industries That Can Benefit From Smart Equipment Financing In 2021 (And Beyond)
US businesses, nonprofits, and government agencies are expected to lease or finance $1.8 trillion in capital equipment from manufacturers and dealers in 2021. This will give equipment makers and dealers like you a lead position in this nation’s post-Covid economic recovery. It also highlights two major business considerations for equipment suppliers. First, they should expect more […]
Why Embedded Lending Will Dominate the FinTech Landscape in 2021
Hailed as “one of the most transformative trends in fintech,” embedded lending is on the threshold of a surge in uptake this year as more consumers and businesses embrace non-traditional financial providers. Embedded lending integrates with the systems software that most companies already use to synchronize and track their operations. In a more holistic sense, […]
TurnKey Lender at the Forefront of The Coming Boom in Commercial-Use Drone Financing
The commercial drone market is set to experience an even bigger boom as more consumers and businesses start to deliver goods, increase security, or enjoy the freedom of filming and flying, triggering greater demand for financing options in a market that caters to large and small buyers alike. Drones, which the US Federal Aviation Administration […]
How Manufacturers Can Attract More Customers with In-House Financing
Let’s say the business equipment your company manufactures comes in at a higher price point than most small- to mid-size enterprises are comfortable paying out at any one time. And let’s keep in mind that the notion of “higher price” varies depending on how mission-critical the equipment in question is, and of course what specific […]
Everything You Need To Know About Equipment Financing Automation
The equipment your company makes for other enterprises is the muscle and sinew of the global economy. Though Covid has tested the capital-equipment sector’s inherent grit, the “machinery” needed to feed, clothe, house, move, comfort, connect, and entertain people remains in high demand — and seems poised for a post-vaccine boom. “The equipment-finance industry shows […]
What You Need to Know About In-House Customer Financing & 4 Business Types That Will Benefit From It in 2021
Throughout the history of lending, it has gone through several stages of democratization. The big banks used to have a monopoly on selling quality credit products and people who didn’t want to go to a pawnshop had no other choice but to try and qualify for an unlikely loan from a traditional institution. But things […]
Capital Equipment Financing for SMEs in a Post-Covid Marketplace
It’s emblematic of economic growth, the view of a machine — a building crane, say, or a log loader — toiling against otherwise immovable objects to meet the demands of the marketplace. It’s hard not to stand and marvel. So it’s fitting that capital-equipment financiers (CEFs), which help enterprises acquire capital equipment, are gearing up […]
The Remarkable Rise of Point-of-Sale Financing in 2020 and Beyond
Point-of-sale financing isn’t new, but now it’s gaining more traction in the retail space, energized by a combination of technological advancements and consumer demand for installment-purchase alternatives as the coronavirus pandemic weighs on household access to liquidity. POS installment financing has long been a normal part of buying real estate and automobiles. Which makes sense, […]
